Original article by Roy Morgan
Market Research Update – Page: Online : 10-Apr-24

ANZ-Roy Morgan Consumer Confidence fell 0.9pts to 81.9 in the week to 7 April; the index has now spent a record 62 straight weeks below the mark of 85. However, Consumer Confidence is 2.6 points above the same week a year ago (79.3), and just 1 point below the 2024 weekly average of 82.9. Consumer Confidence was down in Victoria, but up in New South Wales, Queensland, South Australia and Western Australia. Now 19% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 53% (up 1ppt) say their families are ‘worse off’. Looking forward, 31% (down 3ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (unchanged) expect to be ‘worse off’. Now 10% (down 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 31% (unchanged) expect ‘bad times’. Meanwhile, 21% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 47% (down 4ppts) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 4-Apr-24

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 82.8 in the week to 31 March. However, the index has now spent a record 61 straight weeks below the mark of 85. Consumer Confidence is now 4.6 points above the same week a year ago (78.2), and virtually identical to the 2024 weekly average of 83.0. Consumer Confidence was down in New South Wales, up in Victoria, Queensland and South Australia and virtually unchanged in Western Australia. Now 20% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 52% (unchanged) say their families are ‘worse off’. Looking forward, 34% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (up 2ppts) expect to be ‘worse off’. Now 11% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 31% (down 1ppt) expect ‘bad times’. Meanwhile, 22% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 51% (up 1ppt) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Roy Morgan
Market Research Update – Page: Online : 27-Mar-24

ANZ-Roy Morgan Consumer Confidence rose 1.4pts to 83.1 in the week to 24 March. However, the index has now spent a record 60 straight weeks below the mark of 85. Consumer Confidence is now 6.5 points above the same week a year ago (76.6), and virtually identical to the 2024 weekly average of 83.0. Consumer Confidence was up in New South Wales and Victoria, down in Western Australia, and virtually unchanged in Queensland and South Australia. Now 21% of Australians (up 3ppts) say their families are ‘better off’ financially than this time last year, while 52% (unchanged) say their families are ‘worse off’. Looking forward, 34% (up 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 31% (down 1ppt) expect to be ‘worse off’. Now 10% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 32% (up 1ppt) expect ‘bad times’. Meanwhile, 21% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 50% (up 1ppt) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Roy Morgan
Market Research Update – Page: Online : 20-Mar-24

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 81.7 in the week to 17 March. However, the index has now spent a record 59 straight weeks below the mark of 85. Consumer Confidence is again 5.2 points above the same week a year ago (76.5), but 1.3 points below the 2024 weekly average of 83.0. Consumer Confidence was up in New South Wales and Queensland, but down in Victoria, Western Australia and South Australia. Now 18% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year (the lowest figure for this indicator so far this year), while 52% (down 1ppt) say their families are ‘worse off’. Looking forward, 32% (down 1 ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 32% (up 2ppts) expect to be ‘worse off’. Now 10% (down 1ppt) of Australians now expect ‘good times’ for the Australian economy over the next 12 months, while 31% (unchanged) expect ‘bad times’. Meanwhile, 20% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 49% (also unchanged) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Roy Morgan
Market Research Update – Page: Online : 13-Mar-24

ANZ-Roy Morgan Consumer Confidence rose 1.2 points to 82.2 in the week to 10 March. However, the index has now spent a record 58 straight weeks below the mark of 85. Consumer Confidence is 5.2 points above the same week a year ago (77.0), but 1 point below the 2024 weekly average of 83.2. Now 19% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 53% (down 2ppts) say their families are ‘worse off’. Looking forward, 33% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, while 30% (down 4ppts) expect to be ‘worse off’. Now 11% (unchanged) of Australians now expect ‘good times’ for the Australian economy over the next 12 months, while 31% (down 1ppt) expect ‘bad times’. Meanwhile, 20% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 49% (down 1ppt) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Roy Morgan
Market Research Update – Page: Online : 6-Mar-24

ANZ-Roy Morgan Consumer Confidence fell 2.2pts to 81.0 in the week to 3 March, the lowest the indicator has been all year; it has now spent a record 57 straight weeks below the mark of 85. Consumer Confidence is now 1.1 points above the same week a year ago (79.9), but 2.3 points below the 2024 weekly average of 83.3. Consumer Confidence was virtually unchanged in the largest states of New South Wales, Victoria and Queensland, and down in WA and SA. Now 19% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 55% (up 2ppts) say their families are ‘worse off’. Looking forward, 33% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, while 34% (up 2ppts) expect to be ‘worse off’. Now 11% (up 1ppt) of Australians now expect ‘good times’ for the Australian economy over the next 12 months, while 32% (up 3ppts) expect ‘bad times’. Meanwhile, 21% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 50% (up 2ppts) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Roy Morgan
Market Research Update – Page: Online : 28-Feb-24

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 83.2 in the week to 25 February; the index has now spent a record 56 straight weeks below the mark of 85. Consumer Confidence is now 3.2 points above the same week a year ago (80.0), but 0.4 points below the 2024 weekly average of 83.6. Consumer Confidence was up in Victoria and Western Australia, down in Queensland and South Australia, and virtually unchanged in New South Wales. Now 20% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 53% (up 3ppts) say their families are ‘worse off’. Looking forward, 33% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, while 32% (down 1ppt) expect to be ‘worse off’. Now 10% (unchanged) of Australians now expect ‘good times’ for the Australian economy over the next 12 months, while 29% (down 2ppts) expect ‘bad times’. Meanwhile, 20% (down 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 48% (down 2ppts) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Roy Morgan
Market Research Update – Page: Online : 21-Feb-24

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 82.8 in the week to 18 February; it has now spent a record 55 straight weeks below the mark of 85. Consumer Confidence is now 2.4 points above the same week a year ago (80.4), but 0.8 points below the 2024 weekly average of 83.6. Consumer Confidence was up in New South Wales and Queensland, but down in Victoria, WA and SA – the opposite result compared to a week ago. Now 20% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 50% (down 2ppts) say their families are ‘worse off’. Looking forward, 33% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (down 1ppt) expect to be ‘worse off’. Now 10% (down 2ppts) of Australians now expect ‘good times’ for the Australian economy over the next 12 months, while 31% (up 2ppts) expect ‘bad times’. Meanwhile, 23% (up 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 50% (down 1ppt) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Roy Morgan
Market Research Update – Page: Online : 14-Feb-24

ANZ-Roy Morgan Consumer Confidence fell 1.2pts to 82.6 in the week to 11 February; it has now spent a record 54 straight weeks below the mark of 85. Consumer Confidence is now 4.5 points above the same week a year ago (78.1), but 1.2 points below the 2024 weekly average of 83.8. Analysis by housing status shows the biggest drop this week (down 5.2pts) was for people who own their own home. Consumer Confidence was up in Victoria, Western Australia and South Australia, but down in both New South Wales and Queensland. Now 19% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year, while 52% (unchanged) say their families are ‘worse off’. Looking forward, 32% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 34% (up 1ppt) expect to be ‘worse off’. Now 12% (up 1ppt) of Australians now expect ‘good times’ for the Australian economy over the next 12 months (the highest figure for this indicator since April 2022), while 29% (down 1ppt) expect ‘bad times’ (the lowest figure for this indicator since May 2022). Meanwhile, 21% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 51% (up 2ppts) say now is a ‘bad time to buy’.

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Roy Morgan
Market Research Update – Page: Online : 7-Feb-24

ANZ-Roy Morgan Consumer Confidence rose 1.3pts to 83.8 in the week to 4 February, but it has now spent a record 53 straight weeks below the mark of 85. Consumer Confidence is now 0.2pts above the same week a year ago (86.6), and 5.8 points above the 2023 weekly average of 78.0. Consumer Confidence was up in NSW, Queensland, Western Australia and South Australia, but down in Victoria. Now 21% of Australians (up 2ppts) say their families are ‘better off’ financially than this time last year, while 52% (up 2ppts) say their families are ‘worse off’. Looking forward, 33% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (up 1ppt) expect to be ‘worse off’. Now 11% (up 2ppts) of Australians now expect ‘good times’ for the Australian economy over the next 12 months (the equal highest figure for this indicator since April 2022), while 30% (down 1ppt) expect ‘bad times’ (the lowest figure for this indicator since May 2022). Meanwhile, 23% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 49% (up 1ppt) say now is a ‘bad time to buy’.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ